Townsville Enterprise today launched the highly anticipated ‘Opportunity Townsville North Queensland’ (OTNQ) publication, sponsored by Colliers International, at the annual Northern Advantage Business Breakfast.
The document is the region’s leading comprehensive economic development and investment guide, encouraging large-scale private national and international investors to spend on projects within the North Queensland catchment area.
Marking its fifth edition, OTNQ continues to play an important role in the decision-making of the movers and shakers in Townsville, North Queensland and Australia – and covers projects achieved, shovel-ready and in the pipeline.
With over 150 business leaders at this year’s Northern Advantage event, delivered in partnership with the Townsville Bulletin, attendees were given an exclusive preview into the direction of established and developing industries, led by key speakers across sectors such as agriculture, minerals, hydrogen, and marine science.
Townsville Enterprise CEO, Claudia Brumme-Smith says despite the challenges of COVID-19, Townsville North Queensland is well placed for long-term economic recovery aided by the region’s economic diversity and strategic location in Northern Australia.
“Our region Townsville North Queensland contributes over $16B annually to the state and national economy and is home to nearly 240,000 people. The region has one of the most diverse economic bases in Australia and enjoys a stunning natural environment that provides tourism growth opportunities and an attractive lifestyle for residents,” says Claudia.
“From our strengths in agriculture in the Burdekin and Hinchinbrook, one of the richest minerals provinces to the west from Charters Towers and beyond, the largest defence base in the nation right here in Townsville, our world-class port, leading health, education and marine science research centres, the list goes on.
“It is key to not view these natural and built assets in isolation, but instead as a collective, and we see it as our role to tell the story of their linkages and what the opportunities can be for our region, our state, and our nation when these strengths are leveraged.”
An opening address by Senator Susan McDonald and Special Envoy for Northern Australia provided insight on the Northern Australia agenda and on how our region can lead the direction of the country in key industry sectors.
Keynote speakers from five project presentations also covered updates on SunHQ Hydrogen Hub, Reef HQ Great Barrier Reef Aquarium Development, Hells Gates Dam Irrigation Scheme and Pumped Hydro, Defence.
To download a copy of the report, click here.
